Press Releases 3

21st October 2014

Greenergy Fuels Canada, a recent entrant, has entered into a unique partnership with Canadian National Railway (CN), Canada's largest railway company, to create a new rail to road fuel supply location at Concord, Ontario, north of Toronto.

Toronto's sprawling layout and heavily congested roads have historically made it a difficult location for fuel supply. The new rail to road supply location is conveniently located on the northern edge of the city centre and offers easy access and reduced delivery times for customers.

The new supply location is designed with safety in mind and has been purposely designed to be similar to conventional terminals, reducing the need for additional driver training. It will feature a new fully automated truck loading system allowing road vehicles to load directly from rail tank cars through fixed loading arms, ensuring ease of use and best in class gate to gate times.

The opening of this new location extends the collaboration between Greenergy and CN, which already operates over 90% of Greenergy's rail movements. CN has an unwavering commitment to safety; throughout 2014 they plan to invest approximately C$2.25 billion in capital programs across its North American system, of which approximately over C$1 billion is targeted toward maintaining the safety and integrity of the network.

Greenergy will begin supplying customers with E10, E100, ULSD and premium gasoline north of Toronto from early 2015. The facility complements the company's existing supply locations at Hamilton (all products) and Montreal (E100).

Mike Healey, Greenergy Managing Director said:

"CN's site is ideally located to provide reliable road fuel supply to the region. The facility is being developed with our customers in mind, emulating conventional terminal procedures to ensure safe and convenient road loading.

"Our ongoing aim is to make life easier for customers. In our first year we established a strong track record of supply reliability by rail, truck and vessel. We will continue to maintain our focus on resilience, gate to gate times and back office efficiency."